Hamburg Süd places $710.5 million box ship order at HHI

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today won a KRW 800 billion (about $710.5 million) deal to build six 9,600 TEU containerships for shipping line Hamburg Süd.

The agreement includes an option for Hamburg Süd  to order four additional  containerships of the same class.

The ships – measuring 332 m in length, 48.2 m in width and 26.8 m in depth – are designed to carry containers one foot taller than conventional containers. They can carry 1,700 refrigerated containers, 1,000 more than other same class vessels.

The containerships are scheduled for delivery between May 2013 and January 2014.

So far this year, HHI’s Shipbuilding Division has won orders for 13 ships valued at USD 3.4 billion achieving 49 percent of its new order target.

March 21, 2011